Finance

Explore the latest finance news by Business Desk. 
Augusta aims for $3 bln under management by 2022
Property

Augusta aims for $3 bln under management by 2022

By Jenny Ruth Aug. 1 (BusinessDesk) - Augusta Capital wants to increase assets under management to $3 billion by its 2022 financial year, the property and investment manager told its annual shareholders’ meeting. Augusta had $2 billion in assets under management at March 31...

Jenny Ruth 01 Aug 2019
Chapman Tripp pleads for more time on bank capital proposals
Law & Regulation

Chapman Tripp pleads for more time on bank capital proposals

By Jenny Ruth July 31 (BusinessDesk) - Law firm Chapman Tripp is urging the Reserve Bank to delay its final decision on increasing the minimum amounts of bank capital because of its critical importance to both the banks themselves and to the wider economy. “It is therefore...

Jenny Ruth 31 Jul 2019
Shareholders upbeat despite little progress for 9 Spokes
Economy

Shareholders upbeat despite little progress for 9 Spokes

By Victoria Young July 29 (BusinessDesk) - Investors attending 9 Spokes International’s annual meeting were upbeat despite the company’s chair conceding 2019 had been the most demanding year so far for the tech-startup.  The ASX-listed Shares of 9 Spokes were recently down...

Victoria Young 29 Jul 2019
Ethical investing on human rights grounds 'too hard' - Simplicity

Ethical investing on human rights grounds 'too hard' - Simplicity

By Victoria Young July 29 (BusinessDesk) - Simplicity founder Sam Stubbs says New Zealand managers only have so much control over international investments and that it's "too hard" to make exclusions on human rights grounds.  The non-profit KiwiSaver provider relies on Vang...

Victoria Young 29 Jul 2019